Point and Figure Charting Message Board

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Strategies & Market Trends : Point and Figure Charting

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To: robin 187 who wrote (11248)	12/9/1998 9:57:00 PM
From: wizzards wine	of 34816

Evening Robin...EMC and I like EMC...but the count off of the bottom is 109 and I have a problem with running 21 boxes up for a following count....... RS is in X's and that's good.... If we take the second count off the bottom, one would get 89 and we arer currently at 86 for a high and a pull back of 82ish and above the top of the trading band!!!! We have met the PO and are now going of steam!!!!! this Market will really define how far any issue can run UP.... The short term indicators are slipping, and the long term are holding thus far... I'm looking for a high rally between now and mid January... then sideways, and down into fall 99.......possibly way DOWN!!!!!!!5500ish by Y2k TIME WILL TELL... JMHO LATER Preston

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